Been catching up on the show; currently halfway through the 12th episode of season 2. Eh, I feel it's starting to lose my interest. The performances are all great (Michael Pitt excepted; goddamn, what horrid hamminess), and it's one of the best-looking shows currently on TV (this was robbed a cinematography nomination), but the storyline has lost its way. It just feels very jumbled and all over the place, with little focus or direction. Few of the characters are behaving in any consistent or sensible manner, just leaving me confused as to their motivations and desires. Maybe the last couple episodes will make the whole season make more sense and elevate its quality, but as it's going right now, I may not bother with the third season after this.
Also, I feel they have devalued the serial killer with the sheer volume of bizarre and, frankly, ridiculous killers that have been present on the show. I keep cracking up when they reveal the M.O. of the latest killer-of-the-week. It's too much. If they ever get around to Silence of the Lambs Buffalo Bill is gonna have a tough time making an impression, simply because he's rather mundane compared to what we've already seen.